Description Usage Arguments Details Value
proba_to_rate
transforms annual probability of a given event
into a rate of occurrence of this event for the specified time unit t
1 | proba_to_rate(p, t = 365.25)
|
p |
the annual probability (must be between 0 and 1) |
t |
the unit of time in which the probability was expressed (by default, a year) |
This function assumes a constant rate of occurrence of an event over a given time period
'1-exp(-r)' the rate of occurence of the event per time.unit
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